Insurance Underwriter
4 weeks ago
About the Role
The Underwriter will be responsible for administering the underwriting and servicing of renewal accounts for brokers and producers assigned within the territory, in compliance with company underwriting, authority, and pricing standards. This position is hybrid, working out of our Scottsdale, AZ office, with a focus on sound management and marketing to achieve team/individual production and loss ratio goals.
Key Responsibilities
- Research and develop new classes of business as directed, analyzing market trends and competition.
- Assess market viability, suggest form wording on endorsements and exclusions, and support rate changes based on global strategy.
- Review individual risks with assigned brokers, declining or accepting business based on necessary information.
- Analyze exposures to loss, develop an adequate premium charge, and determine endorsements and exclusions for the insurance contract.
- Work with complex issues concerning coverage, terms, and conditions, analyzing premium and loss results of assigned agents/brokers.
- Oversee or handle policy maintenance items, conducting midterm policy audits and reviewing endorsement requests.
- Collaborate with agents/brokers to ensure loss control compliance, reviewing Loss Control reports and recommendations.
- Travel to broker offices for training or marketing visits, entertaining clients as required, and assisting with marketing ideas and strategies.
Qualifications
Required:
- Bachelor's degree from an accredited college or university.
- 5+ years of commercial lines property and casualty experience.
- Demonstrated experience with and expert technical knowledge of Excess Casualty coverage and risk selection, methods, and pricing.
- Demonstrated ability to interpret and analyze data, making informed, calculated risk decisions.
- Ability to make sound contributions to tactical and strategic planning.
- Ability to collaborate with individuals of various backgrounds within the area of expertise.
Preferred:
- CPCU, AIS, or CIC designation, or the equivalent combination of education and experience.
About AmTrust Financial
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include medical and dental plans, life insurance, health care flexible spending, dependent care, 401k savings plans, and paid time off. We strive to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected.
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